Inflation Continues To Cool
30 Second Market Update
July 31, 2023
The Bureau of Economic Analysis released its Personal Consumption Expenditures (PCE) last week and it was a market-moving number. It showed that inflation rose 0.2% in June, which was in […]
New Construction is Tight, but Optimism is Growing
30 Second Market Update
July 24, 2023
The United States Census Bureau released its Residential Construction report for the month of June. This report showed that Housing Starts, or the beginning of a new construction home, fell […]
Inflation Cools and Bonds Love It
30 Second Market Update
July 17, 2023
The U.S. Bureau of Labor Statistics released their Consumer Price Index (CPI) for the month of June that showed overall inflation increased by 0.2%, which came in lower than estimates […]
Home Builders Seeing an Opportunity
30 Second Market Update
July 10, 2023
The National Association of Realtors released its Pending Home Sales report, and it showed that signed contracts were down by 2.7% in May as opposed to the 0.5% decrease that […]
Home Prices Continue To Rise
30 Second Market Update
July 03, 2023
The Case Shiller Home Price Index, which is one of the industry’s best gauges of home price appreciation, showed that home prices rose 0.5% in the month of April. This […]
Existing Home Sales Prove Housing Demand is on Fire
30 Second Market Update
June 26, 2023
The National Association of Realtors released its Existing Home Sales Report for the month of May and it showed that closings on existing homes rose 0.2%. When compared to the […]
Inflation Trending Lower
30 Second Market Update
June 19, 2023
The Bureau of Labor Statistics released its Consumer Price Index (CPI) report for the month of May, and it showed that overall inflation increased by 0.1%. While inflation did go […]
Should I Wait to Purchase a Home?
30 Second Market Update
June 12, 2023
There are at least five well-known sources of home price appreciation that are all showing a trend of increasing home prices. The Case Shiller Home Price Index, which is one […]
Acceleration in Home Price Appreciation
30 Second Market Update
June 05, 2023
The Case Shiller Home Price Index, which is one the industry’s best gauges of home price appreciation, showed that home prices rose 0.4% in the month of March. This is […]
Housing Still Active and Inventory Still Tight
30 Second Market Update
May 29, 2023
The U.S. Census Bureau and the Department of Housing and Urban Development released their New Residential Sales Report for the month of April. This report showed that signed contracts on […]
New Construction is Under Supplied but There is a Silver Lining
30 Second Market Update
May 22, 2023
The United States Census Bureau released its Residential Construction report for the month of April. This report showed that Housing Starts, or the breaking of ground, rose in April by […]
Inflation Continues To Cool
30 Second Market Update
May 15, 2023
The U.S. Bureau of Labor Statistics released its Consumer Price Index and it showed that overall inflation came in cooler than expectations of 0.4% at 0.37% for the month of […]
